click to show more information

click to hide/show information About your Search

Search Results 0 to 32 of about 33 (some duplicates have been removed)
magazine, john micklethwait, zanny minton beddoes and philip coggan, looking at the global economy. to. >> if you look at history, it would be very weird if you had this amount of this amount of economic dislocation without some degree of political reaction. >> what is staggering to me about the way people are looking at politics is everyone is expecting nothing to change, and that should be the most surprising, if historians come back and look at this period and we still end with the same parties doing the same things, that would be truly extraordinary, because that would be against everything else which has ever happened in any other period of economic dislocation on this scale. >> rose: we conclude this evening with the comedian aziz ansari and for me doing the live special with the very first time i felt bad in a weird way, where i talk about how scared i would be to have a kid or how scared the idea of marriage was to me, and i could see people in the audience like thank you for saying that. i am your age or i am older or younger and feel that same thing and feel that same pressur
to me. >> rose: the global economy and a new breed of comic when we continue. funding for charlie rose was provided by the following. >> captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> we should be doing everything we can to keep families from falling into poverty and build more ladders of opportunity to help people who are willing to work hard climb out of poverty. >> rose: we begin tonight with the global economy, the united states, japan and europe seem to be gaining back some of that lost momentum emerging markets, are witness ago different fate, the international monetary fund cuts its projection for emerging market growth for the year 2013, china is expected to reach its official growth target of 7.5 percent, the country's leadership is facing questions on the sustainability of its economic model. joining me now to talk about these trend are distinguished guests from the economist magazine, they are ed. >> john micklethwait. >> zanny economic editor and philip coggan, capital markets editor, thank you, thank you, thank you.
year you are going to see first the sense that the american economy, even if it doesn't grow as fast as everybody sees there are some numbers where you take absolute amount of american contribution to economic growth it might be bigger than china's by the time you put it all together because of the bigger economy, i think and you are raising american companies at the back of the top of things we do a list of the most valuable companies. three years ago the top ten were almost allstate owned, state capitalists entities and now nine out of the ten are american. and one reason why is because people, investors, when they look at these big stake companies they wonder how well they are run. i think american capitalism is sort of coming back, although with some problems and i think american government although you have the dysfunction there i think you will see dysfunction in china. >> rose: are you disagreeing? >> i don't disagree that much, i disagree a little bit. i think there are three big questions facing the word for next year, one is, is the u.s. economy going to accelerate? it has
studying the complexity of the u.s. and global economy. the financial crises of 2008 took nearly everyone by surprise, leading economists and the brightest minds on wall street were forced to rethink fundmental functions, the map and the territory, risk, human nature and the future of forecasting is a guide to measuring economic vacialsz -- variables one thought to be immeasurable. i'm glad to have alan greenspan back at this table. welcome. how do we decide on the map and the territory. >> it's a little abstract and that's what it's supposed to be. the map is supposed to be the conceptual framework what we're doing with and the territory is reality. and economists always try to get the two of them to come together and a good deal of the times we fail. >> rose: all right. let's talk about all that. role clip. this is a clip with you and i n an interview before you wrote this book. >> something you can never the quite cal brate is the human emotional aspect of markets. >> i'm glad you raised that issue charlie because i'm just starting to write a economic. it's call the economytrics of
. and this book attempting to attack those two questions was fundmental to how the economy functions. as far as i'm concerned, there's one critical issue which i think probably more than any other was, that was essential for writing this book. i had to discard the basic premise which all classical economists or those of us who were involved in that form of economics and computer-base models, and have to look at fundamental premise. and i basically assumed as we all did that not only, that fundamental premise is that human beings act in their own long term self interest most of the time. but the general belief of all economists who are forecasting, is while it is not only most of the time but when it isn't, it's random. and you can disregard it because it can't be muddled. what shocked me is when i started to try to actually model it and i was getting extraordinarily, extraordinary results. >> rose: and what were they? >> basically, that so-called animal spirits, which is a term -- >> rose: talking about the john -- >> precisely. and they are deep seated aspects of human nature. predictable ways
this is the new brazil, it is the leading economy in latin america. it's now 1-2%. >> yes. well, you know, i'm a terrible skeptic about those gdp numbers. sometimes they say 1.3 or 3.1 or 2.2. if it's 1.6 you get depressed and you don't invest. it doesn't work like that. this is a very big measure of things going on, and has huge holes in gdp. like for example, if you make a hole and then fill it up again, it counts as gdp. so i have a lot of questions about gdp numbers. but having said that, we have gone through a period of slower growth. >> rose: because? >> well, again, government management in the last, in the last presidency calderon was disastrous. what he did in terms of putting the war a drugs on everybody's mind and scaring everybody about you can be killed if you visit mexico or you go to certain towns. i mean, that's not conductive to any kind of good business. >> rose: but the operative idea he had was we kind of wiped this out because it was hurting mexico in every way. recognizing the demand came to the united states otherwise it wouldn't have been the kind of business it was
are deciding if we have flying economy we don't want to go in planes that are cramped. we are looking for airlines offering bigger seats and those other airlines are going to feel the pinch. >> if we get choosy enough maybe we will get the trend in the other direction. wouldn't that be nice? >> come on, guys. jump on board that. >>> harsh reality for one "dancing with the stars" contestant. >>> and bloopers from "star wars" never seen before. that is next in "the skinny." >> announcer: "world ns now" continues after this from our ♪ skinny ♪ so skinny >> skinny time. talk about "dancing with the stars." remember there was a snafu the week before. >> plug your ears, guys. >> yeah, plug your ears. a spoiler alert. they come bind last week's scores with this week's scores and somebody dancing pretty darn often had to go. cover your ears. it was in fact snooki. despite an incredible score of 27 for a sexy samba. >> that's incredible to me. >> i think keyshawn johnson got eliminated the first week but a lot of people are surprised by it. snooki is surprised. let's get a listen. >> you w
are >>> stocks are hot but the economy is not. what does it mean for your investments. >>? plans can led, sticker shock anded to a white house official on capitol hill was asked to explain why millions may not be able to keep insurance plans. >>> and one your later, on the anniversary of hurricanesandy, helping homeowners keep heads ab
to deal with the middle east. he would like to pivot to asia, that is where the economies are growing and he would like to walk away from the middle east and what we see, i think, all of these things that are happening that we can see post of which are bad, they are happening essentially in the absence of really strong american leadership. >> rose: what is going to happen in syria? >> blood. >> well, a good muslim will say, only allah knows. we don't know what is going to happen to syria. we don't know if syria will hold. we know syria is broken into these different parts. we do know that historically syria was, it has the sunni cities and damascus, it had the alawite coast and druid area in the southeast and kurdish part in the northeast, so in a way, syria itself is being tested and the proposition is being tested whether syria could hold together. one note on, i am very sympathetic to what david ignatius says that we can't really solve the sunni shia schism, the sunni shia schism dates back to karbala, it is not calling on the united states to solve that crisis but the united state
Search Results 0 to 32 of about 33 (some duplicates have been removed)